Word: healthly
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...splashed money everywhere to toss up shiny new infrastructure. The slumping economy needs more credit? Well, that's easy - if you own the banks. Just open a spigot and watch the money flow. China's government can also push ahead on important long-term projects with greater speed. While health care reform in the U.S. languishes in Congress, China is building an extensive health care system to cover nearly all of its 1.3 billion people. (See TIME's China covers...
...Bill of Rights, waxing poetic about the virtues of dictatorships. What they're forgetting is the frightening downside to China's authoritarian state capitalism, and not just in terms of human rights. China's stimulus program might have produced growth, but it could very well have undermined the health of the banking system. The Chinese economy is riddled with excess capacity, inefficient state enterprises and asset bubbles...
With spending from the National Institutes of Health declining in real terms over the past five years, competition for grant money has been fierce, and the percentage of successful NIH grant applications dropped from 32 percent in 1999 to 22 percent...
...Health Reform Passes Senate, But Will House Dems Sign...
...pictures of the health care debate...